Settings8H · net · $10k
Funding arb · Price arb /

BONK

all BONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Reya against Extended+0.172%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Reya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Reya is 0.172% dearer against Extended than usual: you sell high and buy low (spread +0.172% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000BONK-USD0.0000033520.0104pay 0.0013% / 1h44m 24s$22K$4K25x
ShortReya kBONKRUSDPERP0.0000033570.0083get 0.0010% / 1h44m 24s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$4.44
Price spread: +0.172% → 0.000%
$17.16
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$1.72
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Reya no order-book sample
Extended and Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BONK on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International 1000BONK-PERP-INTX−0.0320%1h0.000003346−0.168%$43K$33K50xas long as short
dYdX BONK-USD0.0000%1h0.000003345−0.187%$12K$3K10xas long as short
gTrade (Gains Network) BONK/USDL +0.0001% / S +0.0001%1h0.000003358+0.178%$23150xas long as short
Injective BONK/USDC PERP+0.0033%1h0.000003274−2.316%$3K$1135.5xas long as short
Deribit 1000BONK_USDC-PERPETUAL+0.0049%1h0.000003344−0.228%$2K$110K10xas long as short
Orderly PERP_1000BONK_USDC+0.0070%4h0.000003358+0.190%$29K$56K20xas long as short
Reya kBONKRUSDPERPshort+0.0083%1h0.000003357+0.172%$415x
Lighter 1000BONK+0.0096%1h0.000003351−0.019%$223K$668K10xas long as short
Nado kBONK-PERP+0.0100%1h0.000003356+0.145%$26K$97K10xas long as short
Aster 1000BONKUSDT+0.0100%4h0.000003352+0.016%$77K$250K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kBONK+0.0100%1h0.000003346−0.168%$111K$106K10xas long as short
Binance 1000BONKUSDT+0.0100%4h0.000003361+0.280%$16.1M$58.4M75xas long as short
Bybit 1000BONKUSDT+0.0100%4h0.000003356+0.145%$10.6M$18.4M50xas long as short
OKX BONK-USDT-SWAP+0.0100%8h0.000003359+0.220%$2.5M$8.7M20xas long as short
Gate BONK_USDT+0.0100%4h0.000003354+0.071%$813K$2.7M50xas long as short
MEXC 1000BONK_USDT+0.0100%4h0.000003359+0.220%$9.2M$7.1M125xas long as short
KuCoin 1000BONKUSDTM+0.0100%4h0.000003358+0.184%$2.5M$9.7M75xas long as short
Bitget 1000BONKUSDT+0.0100%4h0.000003358+0.190%$4.3M$3.1M75xas long as short
BingX 1000BONK-USDT+0.0100%4h0.000003358+0.190%$4.8Mas long as short
Variational Omni 1000BONK+0.0100%4h0.000003348−0.112%$305K$133Kas long as short
ApeX Omni 1000BONKUSDT+0.0100%1h0.000003351−0.019%$56K$706K25xas long as short
SunX BONK-USDT+0.0100%4h0.000003349−0.078%$2K$12K20xas long as short
SoDEX 1000BONK-USD+0.0100%1h0.000003344−0.228%$2K$7K10xas long as short
HTX BONK-USDT+0.0100%4h0.000003367+0.459%$95K$119K30xas long as short
Extended 1000BONK-USDlong+0.0104%1h0.000003352long leg$22K$4K25x
Aevo 1000BONK-PERP+0.0104%1h0.000003358+0.190%$4K3xas long as short
BloFin 1000BONK-USDT+0.0136%4h0.000003346−0.168%$952K$14.9M75xas long as short
Backpack kBONK_USDC_PERP+0.0180%1h0.000003346−0.168%$29K$7K10xas long as short
GMX BONK/USD [ETH-USDC]L +0.0197% / S −0.4340%1h0.000003000−10.491%$561100xas long as short
Hyperliquid kBONK+0.0743%1h0.000003362+0.309%$9.9M$4.8M10xas long as short
Kraken Futures PF_BONKUSD+0.2517%1h0.000003349−0.072%$216K$177K50xas long as short